Weekly Commentary from Tony Alexander
- It has become harder to buy a house not because of one generation’s buying but numerous factors we have discussed hundreds of times in this publication since 2009 whilst warning about the upward house price implications.
- Young buyers these days need to make deep sacrifices in spending on other things if they want to purchase a house and if such sacrifices cannot be made home ownership could well remain out of reach.
- Getting credit from banks has become harder and further rationing of an increasingly limited supply of funds is coming.
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Welcome. Fiona is a successful business woman with a long connection to Papakura and from a family with a long history of working in real estate.